The size of the market for legal marijuana in the United States is projected to grow to $7.1 billion in 2016, according to a report by New Frontier and ArcView Market Research. That represents 26% growth over the previous year, driven largely by adult recreational sales of marijuana, the researchers found.

The states that have legalized weed are seeing windfalls in “green” taxes, such as the $70 million that Colorado took in during the 2014-15 fiscal year. That’s nearly twice as much revenue than the state earned from alcohol taxes. Colorado is expected to generate$135 million in cannabis taxes and licenses fees in fiscal year 2015-16, according to ArcView. The report used medical and recreational consumer expenditures — not retail sales estimates — to arrive at their figures.

Daryl:
Nice Blog Claire, the industry is already massive and still in it's in...

My non-profit: Le’Or Education Fund

Made possible with seed funding from Dr. Bronner's Magic Soaps, Le'Or is a new 501c3 dedicated to bringing the Jewish community together around the issues of marijuana legalization and larger drug peace. Find out more at leor.life.

Thanks for stopping by! If you are growing your cannabis business in the Pacific Northwest please email me at clairekaufmann (at) gmail (dot) com.
I can assist you with market data analysis as well as with specific on the ground resources.
To learn more about my non-profit, please visit leor.life.